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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.500+0.7%3:59 PM EST

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To: P. Ramamoorthy who wrote (362)1/3/1998 11:30:00 AM
From: Ron Bower  Read Replies (1) of 1418
 
P.

Not "down to former levels", but up to the 24-26 range. I don't think it will get there until after the earnings report.IMO there will be up movement inhibited by profit taking prior to the report, then move into the 24-30 range after the report comes out depending on how much Asia is effecting buyers.

I don't really care what it does. Unless something happens, I see substantial growth for Deswell over many years to come. I'm holding primarily warrants, but enough stock to cover a warrant call even though I don't think one will be made. While I look forward to Deswell being over 40 by the end of '98, I believe Deswell stockholders will be collecting a very nice dividend 5 years from now.

For what it's worth,
Ron
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